Canadian stocks fall, Toronto S&P/TSX index down 0.52 percent
The Toronto Stock Exchange's S&P/TSX composite index ended the day down 75.70 points (0.52 percent), at 14,537.62. Five of the index's 10 main sectors...
Bank of Canada governor Poloz defends low Canadian interest rates
Stephen Poloz, Bank of Canada governor, has defended keeping interest rates low for such a long time after the financial crisis, highlighting how it...
Canadian S&P/TSX composite index down 6.6 points to 14,606.72
The Toronto stock market did not experience much volatility on Monday, with the S&P/TSX composite index down 6.6 points to 14,606.72.
Declines were fueled by...
US manufacturing growth slows in October
The Markit US Manufacturing Purchasing Managers’ Index (PMI) came in at 55.9 in October, down from September’s 57.5. This does not mean there was...
RBS IT failure to cost millions in huge fine
The Royal Bank of Scotland (RBS) faces a multi-million pound fine from the UK regulator for an IT failure that left tens of thousands...
Canadian manufacturing rises to 11-month high
Canadian manufacturing output reached an 11-month high in October, after falling slightly in September. The RBC Canadian Manufacturing Purchasing Managers' index (PMI) increased to...
LabCorp in $6.1bn acquisition deal with Covance
Laboratory Corp of America Holdings (LabCorp) said it has reached a cash and stock acquisition deal worth $6.1 billion with Covance Inc. The Burlington-based...
HSBC set aside £236m for FX settlement
London-based multinational HSBC Bank plc said on Monday it had set aside £236 million ($377 million) in preparation for fines over alleged manipulation of...
UK’s deteriorating infrastructure hurting business, say EEF and CBI
The UK's deteriorating infrastructure, particularly its ‘crumbling’ road network, is undermining business growth. The Government needs to invest in Britain’s road network, manufacturers’ organizations...
Publicis Groupe to acquire US based Sapient for $3.7 billion
The French advertising company Publicis Groupe - the world's third-largest ad agency - has announced it will acquire the US digital marketing company Sapient...